DJ Rithm Capital Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Rithm Capital Corp. (RITM) inched 0.09% higher to $11.15 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a two-day losing streak.
Rithm Capital Corp. closed $0.87 short of its 52-week high ($12.02), which the company achieved on September 19th.
The stock outperformed some of its competitors Wednesday, as Annaly Capital Management Inc. (NLY) fell 0.25% to $19.76, AGNC Investment Corp. $(AGNC)$ remained unchanged, and Starwood Property Trust Inc. (STWD) fell 0.30% to $20.16.
Trading volume (3.1 M) remained 989,549 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:27 ET (22:27 GMT)
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